Envestnet Portfolio Solutions Inc. Has $4.76 Million Holdings in First Trust Capital Strength ETF $FTCS

Envestnet Portfolio Solutions Inc. reduced its position in First Trust Capital Strength ETF (NASDAQ:FTCS) by 24.9% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 52,386 shares of the company’s stock after selling 17,339 shares during the period. Envestnet Portfolio Solutions Inc. owned about 0.06% of First Trust Capital Strength ETF worth $4,761,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of FTCS. Farmers & Merchants Investments Inc. acquired a new position in shares of First Trust Capital Strength ETF during the 2nd quarter valued at about $25,000. CENTRAL TRUST Co acquired a new stake in First Trust Capital Strength ETF in the 1st quarter valued at approximately $29,000. Abound Wealth Management acquired a new stake in First Trust Capital Strength ETF in the 2nd quarter valued at approximately $32,000. Flaharty Asset Management LLC acquired a new stake in First Trust Capital Strength ETF in the 1st quarter valued at approximately $37,000. Finally, BankPlus Trust Department lifted its position in shares of First Trust Capital Strength ETF by 145.1% in the 1st quarter. BankPlus Trust Department now owns 429 shares of the company’s stock worth $38,000 after acquiring an additional 254 shares during the period.

First Trust Capital Strength ETF Trading Down 0.6%

Shares of FTCS stock opened at $92.94 on Thursday. The stock has a 50 day moving average of $92.90 and a two-hundred day moving average of $90.73. First Trust Capital Strength ETF has a 12 month low of $80.65 and a 12 month high of $94.37. The company has a market capitalization of $8.35 billion, a P/E ratio of 21.51 and a beta of 0.86.

First Trust Capital Strength ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Thursday, September 25th were given a $0.2527 dividend. The ex-dividend date was Thursday, September 25th. This represents a $1.01 dividend on an annualized basis and a dividend yield of 1.1%. This is an increase from First Trust Capital Strength ETF’s previous quarterly dividend of $0.23.

About First Trust Capital Strength ETF

First Trust Capital Strength ETF, formerly First Trust Strategic Value Index Fund, seeks investment results that correspond generally to the price and yield (before the Fund’s fees and expenses) of an equity index called the Credit Suisse U.S. Value Index, Powered by HOLT (the Index). The Index is developed, maintained and sponsored by Credit Suisse Securities (USA) LLC and Credit Suisse Group AG (collectively, the Index Provider).